#Iridium

Rocket Lab has announced the acquisition of Iridium, gaining its satellite constellation and spectrum rights. This historic deal strengthens Rocket Lab's position in the space industry. This acquisition allows Rocket Lab to leverage Iridium's existing satellite network and spectrum, positioning it as a stronger competitor in satellite communications and launch services. It also provides a steady revenue stream and launch demand similar to how SpaceX uses Starlink. The deal includes Iridium's satellite constellation and crucial spectrum rights. Rocket Lab also gains Iridium's profitable satellite business and a base of regular launch contracts.